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to a zone defense. i think that is an important point to make. the other. that was made earlier about the reduction of sst by six persons, that is something colonel wood could back me up on. they did not leave country. those six sst were on a compound, could provide internal defense support. what they were doing was involved in training and liaison with libyan special forces. why were we doing that? as i testified before, we have no ability to call upon a host nation, forcing the event we were attacked. the conclusion was one such force we might be able to count on. we saw that very much as bolstering our internal defense and footprint. >> we placed in front of you something a different whistle blower gave us. is that the document you were referring to? from march 28? >> this is a specific one in terms of a follow-up for support. there was an earlier document in march where we adjusted our movement transportation because we simply would not have the bodies to provide a security agent in each vehicle. >>
to a zone defense. i think that is an important point to make. the other. that was made earlier about the reduction of sst by six persons, that is something colonel wood could back me up on. they did not leave country. those six sst were on a compound, could provide internal defense support. what they were doing was involved in training and liaison with libyan special forces. why were we doing that? as i testified before, we have no ability to call upon a host nation, forcing the event we were...
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and non-defense spending. i'm pleased to welcome him here to the cato. let me begin by introducing benjamin zycher. then we will continue with dr. fuller. thank you very much. [applause] >> thanks, chris, i appreciate it. and thanks to cato for hosting the event and thanks to all of you for your time and attention. i want to discuss the topics. first, the simple analytics of proposed reductions in defense outlays in the context of gdp growth and aggregate employment. second, i want to offer a few brief comments on steve fuller's recent estimates of economic effects of cuts in defense spending, estimates that have received a substantial amount of attention recently. when i do that, i ask that you keep a straight face, steve, unlike the festivities last night. third, if you summary data on defense outlays on the relationship between defense outlays and gdp growth. what i will not discuss today is the appropriate size and composition of the defense budget. that would require a delineation of u.s. interest, vital,
and non-defense spending. i'm pleased to welcome him here to the cato. let me begin by introducing benjamin zycher. then we will continue with dr. fuller. thank you very much. [applause] >> thanks, chris, i appreciate it. and thanks to cato for hosting the event and thanks to all of you for your time and attention. i want to discuss the topics. first, the simple analytics of proposed reductions in defense outlays in the context of gdp growth and aggregate employment. second, i want to...
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personal jurisdiction was raised as a defense, right? >> personal jurisdiction was raised as an affirmative defense, but not raised in a motion to dismiss. >> and so your position is it was waived? >> yes. >> but it was not adjudicated. is there -- >> it was not adjudicated in this case. our position, it was waived when it was not raised in a rule 12 motion. >> what effects that commenced in the united states or that are closely related to the united states exist between what happened here and what happened in nigeria? >> the only connection between the events in nigeria and the united states is that the plaintiffs are now living in the united states and have asylum because of those events, and the defendants are here. there's no other connection between the events that took place in the -- in nigeria and the forum. the basis for suing the defendants here was because they are here and because it was possible to get jurisdiction. >> and just to make it clear -- >> yes. >> it's your position -- and i believe it's the position of the united
personal jurisdiction was raised as a defense, right? >> personal jurisdiction was raised as an affirmative defense, but not raised in a motion to dismiss. >> and so your position is it was waived? >> yes. >> but it was not adjudicated. is there -- >> it was not adjudicated in this case. our position, it was waived when it was not raised in a rule 12 motion. >> what effects that commenced in the united states or that are closely related to the united states...
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since then we have spent almost a trillion dollars on defense. the sevyotes are building as rapidly as we are and there are no negotiations. it was president's whole strategy wrong? >> no i think it was not only correct but is correct. you've got to go back where we were. clearly when we came into office the american people recognized we had slipped into positions on various things. some of our planes were older than the pilots, ships that couldn't go out to sea. and you had a major problem with the military. actually the morale wasn't very good either. so we've had to strengthen the military and we're well on the way to getting that job done. america is back in terms of military strength, in terms of our ability to deter agregs and keep the peace. all at the same time however we have made proposals, sound proposals on reducing nuclear weapons. the strategic arms reduction talks were good propolesles and the soviets left the table. i wish the soviet union had continued them. the chemical weapon treaty to ban all chemical weapons it was our initia
since then we have spent almost a trillion dollars on defense. the sevyotes are building as rapidly as we are and there are no negotiations. it was president's whole strategy wrong? >> no i think it was not only correct but is correct. you've got to go back where we were. clearly when we came into office the american people recognized we had slipped into positions on various things. some of our planes were older than the pilots, ships that couldn't go out to sea. and you had a major...
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Oct 8, 2012
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i'm not going to vote for any more cuts in defense spending because we need to have a strong defense and we need to preserve that portion of the economy here in the state of connecticut. i think there are other places to find that 1 percent and cut. you and i agree on duplicative programs. that's something we can take without cutting services. but my plan is a growth plan. when put in place, our economy will grow an arc revenue will increase because that's the way amera is. >> mr. murphy, you have 30 seconds to rabat. >> another in 90 seconds and no answers. not a single specific cut she would support and another example of fealty to supply- side, trickle-down economics that have not worked. trust me, they will eventually trickle down to everyone else. we don't need people who are going to washington without specific ideas where they would cut, without any answers to how they would achieve compromise. it's one thing to say i'm going to have everyone sit down on the table, it's another to have to be able to sit down and do it. >> if obamacare is repealed, which plan be to insure the m
i'm not going to vote for any more cuts in defense spending because we need to have a strong defense and we need to preserve that portion of the economy here in the state of connecticut. i think there are other places to find that 1 percent and cut. you and i agree on duplicative programs. that's something we can take without cutting services. but my plan is a growth plan. when put in place, our economy will grow an arc revenue will increase because that's the way amera is. >> mr. murphy,...
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we have a strong defense industry in massachusetts. we need to make sure we can protect them, as well. it will be a challenge. i worked on the first base closure when i was a state senator. i have been fighting and working now, meeting with the personnel. also, at the air force base. to make sure we provide them. as a ranking member of armed services and having the ability to meet with these people and get the information and battle in a consistent basis for them, i am looking forward to that opportunity. as you know, especially, they have a mission where their proficiency is so much better than the active forces, and to think we will put that in jeopardy because a political agenda, i will not do it. we both want to support our military. i would argue that based on my experience, i have the ability to do better. that is not the only challenge when you are talking about stretching the almighty dollars. we earn a financial emergency. we need to take an approach where we can put everything on the table, looking at the top to bottom review
we have a strong defense industry in massachusetts. we need to make sure we can protect them, as well. it will be a challenge. i worked on the first base closure when i was a state senator. i have been fighting and working now, meeting with the personnel. also, at the air force base. to make sure we provide them. as a ranking member of armed services and having the ability to meet with these people and get the information and battle in a consistent basis for them, i am looking forward to that...
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our approach was to basically consider five plausible defense that could follow a nuclear iran and have an impact on oil supply and demand over three years. some were probable -- more plausible but others. the five are greater political stability in saudi arabia, more attacks on saudi arabia facilities, potential saudi- iranian nuclear exchange, and potential is really a nuclear exchange, and what happens if a nuclear iran allows the to affect the oil market. we took these events. and assigned probabilities to the events. and we assess how it would impact the risk premium of the oil price. and to be clear, markets -- clean oil markets react to change expectations for future supply and demand. people often think, if there is a disruption, the market is affected. obviously is. but the expectation of change in supply and demand alone affects the market. and that is more of the focus of our report, on the expectation. once the book of how these expectations will affect the market, we bending macroeconomic analysis on what this would -- how it would impact the united states economy. our key
our approach was to basically consider five plausible defense that could follow a nuclear iran and have an impact on oil supply and demand over three years. some were probable -- more plausible but others. the five are greater political stability in saudi arabia, more attacks on saudi arabia facilities, potential saudi- iranian nuclear exchange, and potential is really a nuclear exchange, and what happens if a nuclear iran allows the to affect the oil market. we took these events. and assigned...
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host: "the washington post" looks at foreign-policy and defense spending. they also looked at a kaiser health tracking poll from last month, thinking ahead to the elections, how important military spending will be. 30% said extremely important. 37% said very important. 21%, somewhat important, 11%, less important. it's as president obama announced plans for a leaner military. the new military strategy also emphasizes widening the u.s. security presence in asia pacific region. mitt romney said he would increase active duty personnel by 100,000 troops, reinvesting weapons systems, and has pledged to step up the navy's shipbuilding rate. let's take a listen to comments. this is mitt romney's take on middle eastern policy from president obama. [video clip] >> america has a strong history of strong, principled, global leadership. this has been written by patriots from both party. this is america at its best, and the measure by which we measure every president. unfortunately, this president's policies have not been equal to our best examples of world leadership,
host: "the washington post" looks at foreign-policy and defense spending. they also looked at a kaiser health tracking poll from last month, thinking ahead to the elections, how important military spending will be. 30% said extremely important. 37% said very important. 21%, somewhat important, 11%, less important. it's as president obama announced plans for a leaner military. the new military strategy also emphasizes widening the u.s. security presence in asia pacific region. mitt...